7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans

Forms and Documents

Document Name	Status
Form RD 4279-02 7 CFR 4279-B, Guaranteed Loanmaking - B&I (State, Local and Tribal) Form	Modified
Form RD 4279-6 7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans Form	Modified
0570-0017FederalGovtCost.doc Supplementary Document	2010-02-17
0570-0017SupportingStatement.doc Supporting Statement A	2010-02-17
0570-0017SpreadSheet.doc Supplementary Document	2010-02-17
RD1980-19.pdf Supplementary Document	2010-01-04
RD1940-20.pdf Supplementary Document	2010-01-04

IC Document Collections

IC ID	Document Title	Status
45753	7 CFR 4279-B, Guaranteed Loanmaking - B&I (State, Local and Tribal) Form	Modified
1677	7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans Form	Modified

ICR Details

OMB Control No: 0570-0017	ICR Reference No: 200911-0570-002
Status: Historical Active	Previous ICR Reference No: 200801-0570-001
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: 7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/24/2010
	Date Received in OIRA: 02/18/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2013	36 Months From Approved	06/30/2010
Responses	8,686	0	8,686
Time Burden (Hours)	19,757	0	19,707
Cost Burden (Dollars)	0	0	0

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Abstract: The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rurals. This is achieved by bolstering the existing private credit structure through the guarantee of quality loans which will provide lasting community benefits.

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Authorizing Statute(s): US Code: 7 USC 1932(a) Name of Law: Consolidated Farm and Rural Development Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 218	11/13/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 7231	02/18/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans	RD 4279-1A, RD 4279-2, RD 4279-3, RD 4279-6, RD 4279-4, RD 4279-14, RD 4279-1	Assignment Guarantee Agreement ,   Unconditional Guarantee (Business and Industry Guaranteed Loan Program) ,   Application for Loan Guarantee (Business and Industry and Section 9006 Program) ,   Application for Loan Guarantee (Business and Industry Short Form - One-Doc and Section 9006 Program) ,   Certification of Non-Relocation and Market and Capacity Information Report ,   Conditional Commitment ,   Lender's Agreement (Business and Industry Guaranteed Loan Program and Section 9006 Program)
7 CFR 4279-B, Guaranteed Loanmaking - B&I (State, Local and Tribal)	RD 4279-14, RD 4279-02, RD 4279-06, RD 4279-1A, RD 4279-3, 4279-1, RD 4279-4	Certification of Non-Relocation and Market and Capacity Information Report ,   Assignment Guarantee Agreement (Business and Industry and Section 9006 Program) ,   Application for Loan Guarantee (Business and Industry and Section 9006 Program) ,   Application for Loan Guarantee (Business and Industry Short Form - One-Doc and Section 9006 Program) ,   Conditional Commitment ,   Lender's Agreement (Business and Industry Guaranteed Loan Program and Section 9006 Program) ,   Unconditional Guarantee (Business and Industry Guaranteed Loan Program)

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	8,686	8,686	0	0	0	0
Annual Time Burden (Hours)	19,757	19,707	0	50	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The increase in burden of 50 hours is a net result from: correcting the input/typo burden hour error in the previous submission of 19707 - should have been 19,907; and form 4279-14 is now used instead of a written report for personal & corporate guarantees. Per response time decreases from 2 hours to 30 minutes for 100 respondents.

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Annual Cost to Federal Government: $1,088,500

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 02/18/2010

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